Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
OPEC and Russia-led non-OPEC oil producers are highly unlikely to create some kind of a formal joint organization for managing the oil market, due to…
A new discontent is brewing in Canada’s oil patch—insolvent oil firms or energy companies trying to stay afloat amid low Canadian oil prices have started…
Russia’s budget has received an additional US$120 billion since Moscow’s cooperation deal with OPEC started two years ago, Russian Energy Minister Alexander Novak told local…
U.S. oil prices at below $50 and now even below $45 a barrel could cause concerns about the debt levels of some energy companies, Nasdaq…
Although the oil market will remain oversupplied in the first quarter of 2019, the OPEC+ producer cuts will start to work in the second quarter…
Prince Talal bin Abdulaziz, a senior member of the royal family in the world’s top oil exporter Saudi Arabia, who was a supporter of women’s…
Chinese liquefied natural gas (LNG) imports soared by 48.5 percent in November 2018, compared to the same month last year, as China continues to have…
Russia continues to be the key partner of OPEC and its largest producer Saudi Arabia in managing the oil market. For a second production cut…
Total U.S. oil production around 2025 will almost equal the combined production of Russia and Saudi Arabia, Fatih Birol, the Executive Director of the International…
A court in Paris fined on Friday France’s oil and gas major Total with US$572,330 (500,000 euro) for having bribed public officials in 1997 in…
Supermajor BP and partners announced on Friday the final investment decision for the Greater Tortue Ahmeyim liquefied natural gas (LNG) project offshore Senegal and Mauritania…
The United States has given Iraq a 90-day extension to the initial 45-day waiver allowing Baghdad to continue imports of electricity from Iran after the…
When Nicolas Maduro is inaugurated for a second six-year term in office next month, Venezuela’s president could sack the Oil Minister and CEO at the…
The U.S. Department of Justice said on Thursday it was charging two Chinese hackers associated with China’s Ministry of State Security with global cyber attacks…
Just as OPEC and partners will have started the new round of production cuts to reduce oversupply, France’s Total is set to begin exports from…
ExxonMobil has withdrawn its Canadian liquefied natural gas (LNG) export project WCC from an environmental impact review, effectively meaning that the plan has been shelved.…
Even before the latest oil price plunge that sent WTI Crude prices to below $50 a barrel, analysts had expected the explosive growth in the…
Current estimates by the U.S. Energy Information Administration (EIA) show that U.S. crude oil production growth in 2019 should basically offset the new production cut…
U.S. oil production will continue to grow at a rapid pace until 2025, while Venezuela’s crude output is set for further declines, Fatih Birol, the…
Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the cartel now plans to publish…